S Korean group acquires Prudential Finance in Viet Nam

Thursday, Jan 25, 2018

Prudential Plc on Tuesday announced that it had reached an agreement to sell 100 per cent of its Prudential Vietnam Finance Company (PVFC) to Shinhan Card Co Ltd, a subsidiary of the Shinhan Financial Group (Shinhan), at a cost of...

SBV allows PVcomBank to buy PVFC Capital shares

Thursday, Aug 07, 2014

The State Bank of Viet Nam (SBV) Governor has permitted PVcomBank to buy shares in PetroVietnam Finance Fund Management Inc., (PVFC Capital) to turn the company into PVcomBank''s subsidiary.

SBV moves on with plan to merge banks

Saturday, Apr 05, 2014

The State Bank of Viet Nam planned to merge six or seven more banks, SBV governor Nguyen Van Binh said.

PVN defies the odds to pass annual targets

Thursday, Jan 09, 2014

Viet Nam National Oil and Gas Group (PetroVietnam) has completed all its targets and set new records despite an economic downturn, PetroVietnam''s deputy general director, Le Minh Hong, announced on Tuesday.

Chairman named for PVFC and Western Bank merger

Monday, Sep 09, 2013

PetroVietnam Finance Chairman Nguyen Dinh Lam will take the reins as chairman of the new Vietnam Public Bank, to be formed by a merger between PVFC and Western Bank.

Finance Corp, bank merger approved

Tuesday, Aug 27, 2013

PetroVietnam Finance Corp and Western Bank have received an initial nod from the State Bank of Viet Nam on their proposed merger, announcing the news on Monday.

PVFC to sell 5m PPC shares

Thursday, May 23, 2013

PetroVietnam Finance Corporation (PVFC) will sell five million shares in Phả Lại Thermal Power Plant (PPC) by June 25.

PVFC ensures fertiliser supply for rice crop

Wednesday, Apr 24, 2013

The Phu My fertiliser plant will run at full capacity and produce around 360,000 tonnes of fertilisers in the second and third quarters in preparation for the summer-autumn rice crop.